MERITOR, INC. - FORM 10-Q - EX-12 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - May 5, 2010

Attached files

file filename
10-Q - QUARTERLY REPORT - MERITOR, INC.arvinmeritor_10q.htm
EX-23 - CONSENT OF BATES WHITE LLC - MERITOR, INC.exhibit23.htm
EX-32.A - CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER PURSUANT TO RULE 13A-14(B) - MERITOR, INC.exhibit32-a.htm
EX-31.A - CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER PURSUANT TO RULE 13A-14(A) - MERITOR, INC.exhibit31-a.htm
EX-31.B - CERTIFICATION OF THE CHIEF FINANCIAL OFFICER PURSUANT TO RULE 13A-14(A) - MERITOR, INC.exhibit31-b.htm
EX-10.1 - EMPLOYMENT AGREEMENT BETWEEN ARVINMERITOR, INC. AND TIMOTHY BOWES - MERITOR, INC.exhibit10-1.htm
EX-10.2 - EMPLOYMENT AGREEMENT BETWEEN ARVINMERITOR, INC. AND JOSEPH MEJALY - MERITOR, INC.exhibit10-2.htm
EX-32.B - CERTIFICATION OF THE CHIEF FINANCIAL OFFICER PURSUANT TO RULE 13A-14(B) - MERITOR, INC.exhibit32-b.htm

Exhibit 12
 
ArvinMeritor, Inc.
Computation of Ratio of Earnings to Fixed Charges
Six Months Ended March 31, 2010
 
Earnings Available for Fixed Charges (A):
       
Pre-tax income from continuing operations $ 31
 
Less:
Equity in earnings of affiliates, net of dividends (19 )
  12
Add: fixed charges included in earnings:
Interest expense 60
Interest element of rentals 5
Total 65
 
Total earnings available for fixed charges: $ 77
 
Fixed Charges (B):
Fixed charges included in earnings $ 65
Capitalized interest —
Total fixed charges $ 65
 
Ratio of Earnings to Fixed Charges      1.18  

(A)      
“Earnings” are defined as pre-tax income from continuing operations, adjusted for undistributed earnings of less than majority owned subsidiaries and fixed charges excluding capitalized interest.
 
(B)
“Fixed charges” are defined as interest on borrowings (whether expensed or capitalized), the portion of rental expense applicable to interest, and amortization of debt issuance costs.
 

MERITOR, INC. Reports